Women and Children

Hide em.  It is gonna get ugly very soon.   There is a very bearish technical setup in the ES.  We were unable to fill the gap yesterday and now we are gapping down again after an upthrust day.  There is a lot of supply out there as the hedge funds are in the meat of their derisking.  The Japanese nuclear situation looks dire.  The uncertainty of long term radiation leaks is going to put a cloud on this market.  I have gotten out of my longs here and will consider shorting if we can get up to 1280 early in the day.